Do you like to buy silver, gold, platinum and rhodium bullion bars and coins?

If you do, you are making a prudent investment choice for these reasons . . .

You know exactly what you are buying, because they are precisely measured, and issued by governments and reliable companies that are generally trustworthy.

You can gauge whether your bars and coins are fairly priced, because you can compare their weight to current trading prices. (Note, however, that in most cases bullion bars and coins are sold at prices that are slightly higher than current trading prices.)

They are convenient investments – easy to buy. Plus, they are packaged in sealed plastic containers that protect them, and which can be easily stored in safety deposit boxes, safes and other secure locations.

You are all but assured that the precious metals they contain are pure.

You can enjoy volume discounts, because many dealers will reduce the price per unit if you buy 10, 20, 50 or more at one time.

Okay, those are good reasons. But do they mean that you are making the most profitable investment possible in precious metals if you buy bars and coins? We’ll return to that question in a minute. But first, let’s consider a different question.

It has been a few months since we wrote about palladium on this blog. And it is time to write about it again. Why? Because palladium trading prices are rising steadily. That’s another way of saying that if you acquired some palladium scrap or bullion a few years ago and simply held onto it, you would be making a nice profit on it today.

People confuse palladium and platinum. Both metals are white, lustrous, tarnish-resistant . . . and rare. But if you compare the prices of palladium and platinum jewelry, you will notice immediately that a piece of palladium jewelry sells for about one-third more than a similar piece of platinum jewelry, even though both items weigh about the same.

We don’t have a crystal ball that lets us see what precious metals you now own – either in bullion, in materials that you haven’t yet recycled or elsewhere - but we’re willing to guess that most of your metals investments fall into the mid-term category that FINRA defines: you’re going to have them for between three and 10 years, so they should be investments that offer stable long-term growth.

Have you inherited palladium bullion or coins or bought them as an investment? If you have been thinking about cashing them in, here is some information you should know from Specialty Metals Smelters and Refiners.

The Market for All Precious Metals Could Be Stronger Soon

Yes, prices have been soft in the last year. But it is wise to stay cued into fluctuations in market pricing so that you will be ready to sell your palladium at the right time. Be sure to monitor current metal prices, updated daily on our home page.

Palladium Bullion and Coins Do Not Require Complex Refining or Processing

Unlike alloys that contain precious metals, they do not need to be refined before they return their dollar value. They are pure palladium and can either be sold as they are or melted into new bars or ingots.

Specialty Metals Smelters and Refiners Will Buy the Following Items

We will consider buying your palladium bullion coins, bars, and commercially made ingots that include Canadian Maples, Australian Koalas and Emus, Chinese Pandas, and Russian Ballerinas. In addition, we will purchase palladium bullion manufactured by Credit Suisse, Degussa, Engelhard, Heraeus, Johnson Matthey, and others.

We Refine and Recycle other forms of Palladium Too

In addition to palladium coins, bars and ingots, we are also interested in palladium alloys, palladium catalyst, palladium jewelry, palladium-plated items of all kinds, palladium resins, palladium sponges, and palladium wire. We are leading precious metals recyclers, so call us at 800-426-2344 to learn more.